The Economic Times, Delhi has published a news about Speak Asia on Today's latest 31 May 2011 paper. In there news titling Speak Asia Seeks to Revive business, Speak Asia has denied that there Bank Account has been frozen and they said that they are just moving there Bank account from UOB to other bank account and they will release the payment of panelist soon. But in earlier news Speak Asia has admitted themselves that there bank account were frozen by Singapore government. This news is also published in Economics Times Mumbai Edition, Bangalore Edition & Kolata Edition. Subscribe to Syconet World by Email.
The complete news which was printed in The Economic Times, Delhi edition is below.
MUMBAI Speak Asia,an online service company that is facing a probe for running schemes that may be illegal in India,said it is working on reviving its businesses,including moving of its bank accounts from United Overseas Bank in Singapore.Our bank account in Singapore has not been frozen... we are only moving our company account to another bank.We will soon be able to disburse the payments to all panelists, Speak Asia said in a statement
Speak Asia is regularly changing there statement time to time so it is the only time to watch and wait situation.